Crude oil prices rocketed past the $100 mark on Monday, fueled by a staggering 10% surge after the US imposed a blockade on the Strait of Hormuz amid crumbling Iran …
WTI oil
-
-
A dramatic turnaround hit oil markets Thursday, with prices climbing as much as 4% on renewed anxieties over the Strait of Hormuz. The fragile US-Iran ceasefire, just two weeks old, …
-
In a significant market turnaround, the Indian rupee firmed up by 40 paise against the dollar on Wednesday, marking its fourth consecutive day of gains. The surge was primarily driven …
-
Global oil prices reversed course dramatically on Friday, shedding gains accumulated over the past week following the ignition of Israel-Iran hostilities. The surge had pushed crude up over 15%, but …
-
The flames of war in the Middle East threaten to ignite a global energy crisis, according to Qatar’s top energy official. Minister Saad al-Kaabi cautioned that prolonged fighting could force …